Prime Minister establishes five 'Brexit business councils'

Prime Minister Theresa May has created five new 'Brexit business councils', which will provide UK firms with advice and support in regard to creating the 'best business conditions' post-Brexit.

According to the government, each council will meet three times per year in order to supply 'high-level advice' on issues surrounding Brexit and business.

Each council will represent a sector of the UK economy. Sectors covered include financial services; the manufacturing industry and infrastructure; consumer goods, retail and life sciences; telecoms, the creative industry, technology and the media; and small businesses, scale-ups and entrepreneurs.

Ten members will make up each council, including a representative from a leading business group.

Commenting on the new councils, the Prime Minister stated: 'The UK has always been one of the best places in the world to do business, and is a leader in sectors from advanced manufacturing to the creative industries.

'Brexit presents a huge opportunity to build a better, stronger economy for people all over the country. So I've asked these new councils to advise us on the opportunities and challenges facing business as we shape the UK for the future.'